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20121027
20121104
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such a hard time during this period. i'm jim cramer. see you tomorrow. fugitives"... they were the heady, get-rich-quick days of the dot-com boom. >> promising internet riches was the way to get into somebody's wallet. >> narrator: among the companies that raises millions -- an online-video start-up with a famous pitchman who exudes trust. >> i'm sure you've heard of it. it's called the "internet." >> narrator: but the website is a sham. its only purpose is bilking investors of millions, and when the feds come knocking, one of the men who's allegedly running the scheme heads to sea. but first, street criminals turn to white-collar crime. >> this is the first time that i had seen people who graduated from narcotics, violence, and pimping to a million-dollar bank fraud. >> narrator: the feds say a young woman teams up with her gangster boyfriend and orchestrates a nationwide credit-card scheme. but the law closes in, and the fraud's alleged mastermind hits the road. [ tires screech ] february 2009. at the federal courthouse in sacramento, charles barksdale, a gang member turned scam artist, ple
, a man named jim eberhart posts an online ad selling his 58-foot yacht -- the infinity. allegedly, no stranger to making a sales pitch, eberhart tells prospective buyers the boat is perfect for cruising the world. when it was built, he says, there was no budget. what buyers might not know is that there's a reason money was once no object. richard ryan, supervisory special agent with the los angeles fbi, says eberhart ran a sham internet-video company that allegedly bilked investors out of millions, then fled the country. >> mr. eberhart's been a fugitive from justice. the investigation shows that he did wire money to hong kong and then, subsequently, singapore, and this could be the way that mr. eberhart has been facilitating his lifestyle as a fugitive. >> narrator: now on the run for more than a decade, eberhart seems to be thumbing his nose at authorities. he's selling the yacht under his real name. is he desperate for cash, or has he just grown bold after years as a fugitive? >> after several years, some folks tend to let their guard down. however, i'm sure mr. eberhart is con
Search Results 0 to 1 of about 2